21Shares Sui ETF Reports Significant Net Asset Decline and Negative Returns in Q1 2026
TSUI sits 32% above its 52-week low of $16.71.
Summary
21Shares Sui ETF (TSUI) reported a net decrease in net assets of $5.67 million from operations and a total return of -36.96% for the quarter ended March 31, 2026, primarily due to a sharp decline in the value of its underlying SUI holdings.
Key Events · Earnings and Guidance · TSUI
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Significant Net Asset Decrease
The Trust reported a net decrease in net assets resulting from operations of $5,671,108 for the three months ended March 31, 2026.
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Negative Total Return
The fund's total return was -36.96% for the quarter ended March 31, 2026, and -47.95% since its initial seeding on November 18, 2025.
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Underlying Asset Depreciation
The price of SUI, the fund's sole asset, declined by 36.69% from $1.39 on December 31, 2025, to $0.88 on March 31, 2026.
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2-for-1 Reverse Share Split
A 2-for-1 reverse share split was approved and became effective on February 22, 2026, retroactively adjusting historical shares outstanding and net asset value per share.
Analysis · TSUI · Crypto Assets
The 21Shares Sui ETF (TSUI) reported a substantial net decrease in net assets from operations, driven by a significant depreciation in the underlying SUI token. The fund experienced a total return of -36.96% for the quarter, reflecting the challenging market conditions for crypto assets. This performance highlights the volatility inherent in its concentrated investment strategy in SUI. The fund also underwent a 2-for-1 reverse share split during the quarter, which retroactively adjusted share counts and NAV per share.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TSUI was trading at $22.03 on NASDAQ in the Crypto Assets sector. The 52-week trading range was $16.71 to $26.58. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.